- Cardano Rolls Out Wallets Upgrade and “Pay With ADA” for Merchants
- Cardano Price Prediction For 2020
Cardano is pushing for massive adoption with its new wallet upgrade and its latest partnership with COTI, an enterprise-grade blockchain protocol that runs crypto payments for decentralized applications and merchants like online games and stablecoins issuers. With the partnership, users will be able to shop online using Cardano’s ADA to make purchases.
Recently, Cardano announced its new platform termed “Pay with ADA,” a platform that is under development for merchants. In partnership with COTI, the platform will permit merchants to accept ADA payments with immediate settlement into 35 fiat currencies directly into merchant bank accounts. To incorporate the payment option, merchants will be able to include an ADAPay web button or a QR-based point of sale (PoS) system. The solution will also permit merchants to run all their transactions swiftly.
Currently, COTI now accepts merchant’s applications through email for companies that want to accept ADA as a payment option, the platform is due to launch this month. Also, Cardano’s ADA can be safely stored by the platform’s wallet known as Daedalus to aid transaction stress. The project head of Daedalus in a press release explains the new features integrated into the latest upgrade. He stated: “This release brings two significant new features and a lot of improvements to existing features and bug fixes which improve user experience.” Mijić’s explanations also cover the new newsfeed feature as well as the wallet recovery phrase verification feature, general user interface upgrades, and improvements.
Cardano Price Prediction For 2020
Cardano’s development began in 2015 but was officially launched in 2017 due to the setback in the ICO process. With a total supply of 45 billion, Cardano has about 25,927,070,538 ADA in circulation globally. And with the ground the coin is gaining, the coin is likely to reach the $10 mark in a few years. So far, the Cardano community is positive about the growth and development of the cryptocurrency as the coin is gradually gaining popularity in the market, also the trade volume on the platform has increased. Going by several analyst’s predictions, ADA market is predicted to be bearish as the price continues to increase, also the cryptocurrency can attain the levels of $0.700 and $0.800 by the end of 2020. The cryptocurrency has demonstrated strong prospects in the past few years and the attention of the investors and people in the cryptocurrency makes it a good investment.